Modest Change for Las Vegas Housing Market in 2026 | Carol Strom broker, owner, UNLV Real Estate Finance Degree B145311

Price growth remains muted as supply and demand move toward equilibrium following significant volatility in recent years. Population inflows continue but at a slower pace, easing pressure on housing affordability and competition. Investor activity stabilizes as rental yields normalize, supporting a more sustainable long-term market structure. Home sales improve...

Strategies to Pay Off Your Home Loan Faster and Save Big

Homeowners can save significantly by paying off their mortgages early through various strategies. Setting a clear goal, making biweekly payments, rounding up monthly payments, and using unexpected cash like tax refunds can all help reduce principal and interest. Refinancing to a shorter loan term may also be beneficial, though it requires careful consideration of current rates. It's essential to...

How to Get a Home Equity Loan

Home equity loans allow homeowners to access cash by borrowing against their home equity, typically ranging from $35,000 to $300,000. To qualify, borrowers need at least 15-20% equity, a good credit score (preferably over 700), and a low debt-to-income ratio. The application process involves comparing rates, submitting financial documents, and may take one to two weeks for approval. Alternatives include...

What Are Mortgage Points? An Easy-To-Understand Guide

Many future homebuyers are curious about mortgage points, which allow borrowers to pay a fee to reduce their interest rate and lower monthly payments. One point typically costs about 1% of the mortgage and can reduce the rate by approximately 0.25%. The savings depend on how long you stay in the home, with a break-even point indicating when savings equal the cost of the points. Mortgage points can be...

How to Pay Off Your Mortgage Early

Paying off a mortgage early can save significant interest costs. Increasing monthly payments slightly or making one extra annual payment reduces loan length and interest. Switching to weekly payments aligned with paydays also helps. Refinancing from a 30-year to a 15-year loan cuts interest substantially. However, ensure paying off the mortgage early doesn't hinder other financial goals or debt...

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